In Order to Take Advantage of the Time Value of Money

question 72

Multiple Choice

In order to take advantage of the time value of money you should do all of the following except

• A)pay bills electronically so you can delay payments and still ensure on-time payment.
• B)pay bills a little later than the due dates to take advantage of month-ending interest on your savings account.
• C)use settings on many bill-paying Web sites that allow you to set a future date for payment once you receive a bill.
• D)make use of your money while you have it,but always make payments by the obligation dates.

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Definitions:

Lymphatic System

A part of the immune system, consisting of a network of vessels, ducts, nodes, and organs that helps to maintain bodily fluid levels, defend against infections, and remove cellular waste.

Thrombocytes

Another term for platelets, which are blood cells involved in blood clotting.

Anaphylaxis

A severe, potentially life-threatening allergic reaction that can occur rapidly after exposure to an allergen.

-phylaxis

A suffix denoting protective measures or actions taken to prevent disease.